HBAR Price Holds Steady Between $0.24 and $0.25 Amid Increased Volume

HBAR's price stayed within a $0.01 range, trading between $0.24 and $0.25 over the last 24 hours. Key points include:

Price held firm at $0.24, seen as a strong institutional support level.
Trading volumes reached 179.67 million units, well above the daily average of 41.75 million, indicating increased interest from larger investors.
SWIFT began operational testing of Hedera’s blockchain for cross-border settlements.
Grayscale launched a Delaware-based investment vehicle for HBAR, highlighting regulatory support.
Analysts suggest strategic positioning by sophisticated investors anticipating growth due to Hedera’s scalability capabilities.

HBAR/USD (TradingView)

HBAR traded within a $0.01 range, fluctuating between $0.24 and $0.25.
Support established around $0.24 with resistance near $0.25.
Volume peaked at 179.67 million units during high activity periods.
Final trading hour saw HBAR settle at $0.24, suggesting potential upward movement if volume remains robust.
Net appreciation recorded at 0.33% during the final hour of trading.
Concentrated trading volumes noted at 13:42 and 14:13 with significant price movements.